GWM Stock | | | CAD 0.46 0.01 2.22% |
Galway Metals financial indicator trend analysis is much more than just examining Galway Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galway Metals is a good investment. Please check the relationship between Galway Metals Total Stockholder Equity and its Non Current Assets Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galway Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Stockholder Equity vs Non Current Assets Total
Total Stockholder Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Galway Metals Total Stockholder Equity account and
Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Galway Metals' Total Stockholder Equity and Non Current Assets Total is 0.42. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Galway Metals, assuming nothing else is changed. The correlation between historical values of Galway Metals' Total Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Galway Metals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Galway Metals' Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Galway Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galway Metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galway Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 2.5
M in 2024.
Issuance Of Capital Stock is likely to drop to about 3.4
M in 2024
Galway Metals fundamental ratios Correlations
Click cells to compare fundamentals
Galway Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Galway Metals fundamental ratios Accounts
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Additional Tools for Galway Stock Analysis
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predict the probability of Galway Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galway Metals' price. Additionally, you may evaluate how the addition of Galway Metals to your portfolios can decrease your overall portfolio volatility.